Alliance Global Group Inc., the holding firm of tycoon Dr. Andrew L. Tan, is ramping up its capital spending this year to a record P59 billion, reaffirming its long-term growth strategy across key sectors including real estate, leisure, tourism, and consumer goods.
Emperador Inc., the liquor unit of tycoon Andrew Tan, reported a 6.5 percent increase in first quarter net income to P1.85 billion on the back of an aggressive global expansion across key liquor markets.
Emperador Inc., the liquor unit of billionaire Andrew Tan’s Alliance Global Group, is repositioning its brandy portfolio toward the lower-priced segment in a bid to recover from a difficult 2024, where net income dropped sharply on the back of weakening global demand and continued investment spending.
Starlink Internet Services Philippines Inc. has filed applications with the National Telecommunications Commission (NTC) to operate in two key data transmission segments: Core/Backbone Network Provider and International Gateway Facility Provider.
CEBU-BASED Aznar Shipping Corp. will invest P504 million to acquire two new roll-on/roll-off passenger vessels next year, backed by proceeds from its planned initial public offering.